iNDIAN debt rising over 500 Billion mark end of 2017 , massive levels

[AZADPAKISTAN2009]

http://www.newindianexpress.com/bus...134-billion-at-end-december-2017-1794084.html
By Express News Service
NEW DELHI: Due to increased commercial borrowing, India’s external debt stood at $513.4 billion at the end of quarter ending December, recording an increase of 8.8 per cent or $41.6 billion over the level at March-end, the government said on Wednesday.

“At end-December 2017, long-term external debt accounted for 81 per cent of India’s total external debt, while the remaining (19 per cent) was short-term external debt,” said a statement from Department of Economic Affairs, Ministry of Finance.

Out of this long term debt, the shares of government stood at 21.2 per cent and of non-government debt stood at 78.8 per cent in the total external debt. According to Tanvee Gupta Jain, India economist at UBS Group AG, said: “India’s record foreign exchange reserves somewhat mask the country’s vulnerability on its external finances. India remains vulnerable in its external position and risks are rising on the margin,” Jain wrote in the note.”

She added that the widening trade deficit and firmer prices for oil — India’s biggest import item — are only set to cloud the outlook. “There is no room for complacency and we think policymakers should keep a close watch on monitoring this risk.”

India’s gross external debt rose by $86 billion between March 2013 and September 2017, while foreign exchange reserve rose by $108 billion during the same period. The ratio of concessional debt to total external debt was 8.6 per cent at end-December 2017, compared to the 9.3 per cent at end-March 2017.

With currency falling in 2018 , the debt will certraining double quickly
Debt elephant is not willing to cooperate

 

[war&peace]

inshaAllah soon...

 

[AZADPAKISTAN2009]

Bacha , analyst even knows problem is close

 

[MimophantSlayer]

How typical, pakistanis hoping against hope that India suffer like pakistan.

Too bad.

IMF lauds India for 'right policies' to lower debt, bats for transparency

Chart 1: India’s vital debt parameters

Even as the world has slipped into debt, India has performed commendably. While central government debt has declined as compared to 2000, households in India haven’t fallen into a debt trap by following the American way of life. Private debt though has exploded but has shown signs of tapering over the last decade.

Chart 2: India’s low household debt

An evidence of India’s low household debt can be seen in the charts below. While credit-fueled economies like the USA have an astronomical household debt to GDP ratio, Asian economies generally do better when it comes to burdening their families with huge loans.




Chart 3: India’s private sector debt

While India’s private sector debt has increased since the start of the century, it has stabilized since 2010. It is nowhere close to developed economies like the UK, Japan and US where private sector debt is astronomical as a proportion of the GDP

Chart 4: India’s non-financial sector debt

The below charts show that India’s non-financial sector debt has also reduced since 2010 while that of China has increased. According to the Financial Times, “The term non-financial debt is used to refer to the aggregate of debt owed by households, government agencies, non-profit organisations, or any corporation that is not in the financial sector. This can include loans made to households in the form of mortgages, or amounts owed on credit cards. It can also include bank loans to corporations, or corporate bonds they have issued to raise money.”


Chart 5: Indian government’s debt

This is an area where India has stabilized quite impressively since the start of the century. Meanwhile, nations like Japan still continue to battle extremely high levels of government debt as can be seen in the chart below.


https://wap.business-standard.com/a...-a-world-drowning-in-debt-118051601272_1.html

 

[Kuru]

Now that it's proved that India's economy is going down the drain, India should take some loan or bail out package from China immediately before it's too late.

 

[Chakar The Great]

India is a super power. Dont spread the propaganda. Waiting for those indians with huge facts and figures coming here and proving it yet another master stroke by Modi G.

 

[xyxmt]

a 2 trillion economy and PPP and GDP and ANP and XYZ...all look great, Modi is the man and inshallah will be the man for next 4 years.

beside this news seem fake because I heard at least a thoujand times that India has money and they pay for everything so India cannot have this debt.

 

[Asian.Century]

Wow Indian road to Bankruptcy and Default!!!

 

[illusion8]

India is a super power. Dont spread the propaganda. Waiting for those indians with huge facts and figures coming here and proving it yet another master stroke by Modi G.

The report does say that 78% of loans is in the non government sector...that means private companies getting more loans. How does that impact India's economy? and what does that have to do with Modi. Hell, I can come up with a startup and get a loan of 10million USD in the first tranch in the second month if I do it right..that"s because of the enormous potential the Indian market has to offer.

 

[Mustang06]

Please Pakistani members provide us economic advices to save our country!

 

[Chakar The Great]

The report does say that 78% of loans is in the non government sector...that means private companies getting more loans. How does that impact India's economy? and what does that have to do with Modi. Hell, I can come up with a startup and get a loan of 10million USD in the first tranch in the second month if I do it right..that"s because of the enormous potential the Indian market has to offer.

LOl thats what i was waiting for.